Job loss fears | 7 in 10 firms expect redundancies as furlough scheme ends

7 in 10 firms expect redundancies as furlough scheme ends

New research reveals that nearly 7 in 10 employers (69%) expect to make redundancies within the next year, the majority of which will take place within the coming months.

According to the study from Renovo, specialists who support employers and employees through redundancy, 46% of organisations expect to make redundancies within six months, while 23% anticipate redundancies within 6-12 months.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.